Larry Silverstein Set to Receive Another $95 Million in New 9/11 Settlement
'Notorious New York City businessman, and World Trade Center developer Larry Silverstein, scored another post-9/11 windfall this week, after Silverstein properties reached a $95 million dollar settlement in a civil litigation suit against American Airlines and United Continental Holdings.
The settlement, filed Tuesday with the U.S. District Court in Manhattan, comes after 13 years of 'hard fought' litigation. In an email to Reuters, Silverstein properties' spokesman Bud Perrone said,
We are pleased to have finally reached a resolution to this piece of post-9/11 litigation.
Silverstein, who signed a 99-year lease on the World Trade Center just 2 months prior to the attack, has received over 4.5 billion dollars stemming from post 9/11 lawsuits. In May of 2007, CBS Moneywatch reported:
The state and seven insurers have reached a settlement that secures more than $4.5 billion in funding to rebuild ground zero.
About $2.55 billion has already been paid out by two dozen insurers since the Sept. 11, 2001, attacks that destroyed the twin towers. The remaining insurers agreed to pay $2 billion and drop several court battles over how much they owe in insurance to replace the trade center.'
Read more: Larry Silverstein Set to Receive Another $95 Million in New 9/11 Settlement (https://www.activistpost.com/2017/11/larry-silverstein-set-receive-another-95-million-new-911-settlement.html)
Last Edit by Humphrey
Great. Because Silverstein needs more money. Let's pour it over him and let him swim in the shower of bills. Meanwhile, we have rampant poverty and homelessness, no money for people to live, no single-payer healthcare ... but Silverstein and his ilk (the American oligarchs) will live well.
Last Edit by Gladstone